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Business For Sale
BRIDAL SALON & STUDIO
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Asking Price: |
$125,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Reason for Selling:
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Owner is retiring from retail. |
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Year Established:
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1999 |
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# of Employees:
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6 |
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Yearly Revenues:
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$293,000 |
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Yearly Cash Flow:
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$70,000 |
Business for Sale Overview:
This well known and established retail bridal salon & studio has established a great reputation both domestically and internationally for their quality, design and service. Currently this brand named retailer offers two dress lines, one for the bride and another line for the entire bridal party including the mother of the bride or groom. In addition to retailing their own product lines, they have established long standing working relationships with other fine designers. Today the current retail location offers the convenience of one-stop shopping with head-to-toe dressing, on-site alterations and more importantly coordinating dresses for the entire bridal party. The owner makes guest appearances at various trunk shows soliciting the designs. Consent to use the sellers nationally recognized/designer brand name is included in the sale within the current operating boundaries. By capitalizing on the sellers existing brand name, excellent expansion possibilities are to be had by opening additional retail locations throughout the country. The purchase price includes assets of $75,000. The buyer will have the rights to share in the use of the company's web-site designed exclusively by their major international distribution partner. This business presents a great opportunity for a similar company seeking to expand their current product line by offering one of the best known designs in the industry or for someone working in the industry that is looking to finally be on their own.
Property Features and Assets:
Monthly Rent - $1,750, 3000 square feet 5 year lease in place with an option period.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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